Boeing stock was falling Thursday after an Air India plane carrying 242 passengers and crew crashed near the western Indian city of Ahmedabad. There were no survivors, The Wall Street Journal reported.

Even before Thursday, investors were in for a long journey. The aerospace company expanded its total debt by more than 400% during the pandemic.

Air India issued a tragic update confirming the exact death toll after Flight 171 crashed Ahmedabad Airport in western India - only one survivor has been confirmed

A Boeing 787 Dreamliner crashes in Ahmedabad, marking the first fatal accident for the aircraft. Air India flight AI171 from Ahmedabad to London was involved. Details on the incident and impact.

Boeing share price plunged by 7% in pre-market US trading after an Air India aircraft with more than 200 people crashed near the airport in Ahmedabad. The aircraft involved was Boeing 787-8 Dreamliner, according to Flightradar data. The plane was headed to Gatwick airport in the UK. Boeing shares fell 7% to $200 in pre-market trading.

The London-bound Air India Boeing 787-8, carrying 230 passengers and 12 crew members, crashed in Ahmedabad residential area soon after departing from Sardar Vallabhbhai Patel Int'l Airport.